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Aegion

From Wikipedia, the free encyclopedia

Azuria Water Solutions
FormerlyAegion Corporation
TypePrivate
IndustryInfrastructure services
Founded1971; 55 years ago (1971)
HeadquartersChesterfield, Missouri, U.S.
Area served
Worldwide
ProductsComprehensive engineering, infrastructure strengthening and protection, shielding technology, pipeline rehabilitation
OwnerNew Mountain Capital
Number of employees
7,000 [2026]
SubsidiariesInsituform, Corrpro, Fibrwrap, Underground Solutions, MTC, CULY, EN-TECH Infrastructure, C&L Water Solutions and many more
Websiteazuria.com

Azuria Water Solutions, formerly known as Aegion Corporation, is an American multinational company involved in the construction, maintenance, protection, rehabilitation, engineering and design of infrastructure projects for a wide range of industries, including oil and gas upstream/midstream/downstream facilities, power plants, food manufacturing, water, and wastewater.[1]

Azuria's products and services protect against the corrosion of industrial pipelines and rehabilitate and strengthen water, wastewater, energy, and other piping systems as well as buildings, bridges, tunnels and waterfront structures.

Operations

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The Azuria family of companies include Corrpro, Fibrwrap, Insituform, Underground Solutions, MTC, C&L Water Solutions, Inframark, CULY, EN-TECH Infrastructure and many more.

The company's business activities include engineering, construction, manufacturing, distribution, cured-in-place pipe (CIPP), installation, coating, cathodic protection, research and development and licensing.[2]

History

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Aegion Corporation was formed in 2011 to be a parent company for Insituform and affiliates.[3] Aegion was purchased by with New Mountain Capital in a $963 million acquisition, which took the company private.[4]

References

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  1. Barr, Diana (June 12, 2024). "Infrastructure repair business grows with 2 acquisitions". St. Louis Business Journal. Retrieved July 14, 2024.
  2. "Aegion Corporation". Offshore Technology. Retrieved July 25, 2015.
  3. "Aegion Corporation New Parent Company For Insituform, Subsidiaries". Underground Infrastructure. 66 (12). December 2011. Retrieved July 14, 2024.
  4. "Aegion (AEGN) to be Acquired by New Mountain for $963 Million". Nasdaq. February 18, 2021. Retrieved July 14, 2024.
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